Union Pacific insider activity
What the executives and directors of Union Pacific actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
The tape: three years of insider trades
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 220 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Sep 10, 2026 | Rocker Kenyatta G | 3 |
| Sep 10, 2026 | Hamann Jennifer L | 7 |
| Sep 10, 2026 | Jalali Rahul | 5 |
| Sep 10, 2026 | Conlin Christina B | 2 |
| Sep 10, 2026 | Powers Carrie J | 6 |
| Sep 4, 2026 | Rocker Kenyatta G | 431 |
| Aug 10, 2026 | Rocker Kenyatta G | 3 |
| Aug 10, 2026 | Hamann Jennifer L | 8 |
| Aug 10, 2026 | Jalali Rahul | 8 |
| Aug 10, 2026 | Conlin Christina B | 2 |
| Aug 10, 2026 | Powers Carrie J | 5 |
| Jul 10, 2026 | Rocker Kenyatta G | 7 |
| Jul 10, 2026 | Hamann Jennifer L | 8 |
| Jul 10, 2026 | Jalali Rahul | 8 |
| Jul 10, 2026 | Conlin Christina B | 2 |
| Jul 10, 2026 | Powers Carrie J | 6 |
| Jun 10, 2026 | Rocker Kenyatta G | 16 |
| Jun 10, 2026 | Hamann Jennifer L | 9 |
| Jun 10, 2026 | Gehringer Eric J | 13 |
| Jun 10, 2026 | Jalali Rahul | 9 |
| Jun 10, 2026 | Conlin Christina B | 7 |
| Jun 10, 2026 | Powers Carrie J | 6 |
| May 10, 2026 | Rocker Kenyatta G | 16 |
| May 10, 2026 | Hamann Jennifer L | 9 |
| May 10, 2026 | Gehringer Eric J | 14 |
| May 10, 2026 | Jalali Rahul | 9 |
| May 10, 2026 | Conlin Christina B | 7 |
| May 10, 2026 | Powers Carrie J | 6 |
| Apr 24, 2026 | Rocker Kenyatta G | 27K |
| Apr 10, 2026 | Rocker Kenyatta G | 17 |
| Apr 10, 2026 | Vena Vincenzo J | 12 |
| Apr 10, 2026 | Hamann Jennifer L | 9 |
| Apr 10, 2026 | Gehringer Eric J | 15 |
| Apr 10, 2026 | Jalali Rahul | 10 |
| Apr 10, 2026 | Conlin Christina B | 8 |
| Apr 10, 2026 | Powers Carrie J | 6 |
| Mar 10, 2026 | Rocker Kenyatta G | 15 |
| Mar 10, 2026 | Vena Vincenzo J | 30 |
| Mar 10, 2026 | Hamann Jennifer L | 9 |
| Mar 10, 2026 | Gehringer Eric J | 14 |
| Mar 10, 2026 | Jalali Rahul | 9 |
| Mar 10, 2026 | Conlin Christina B | 7 |
| Mar 10, 2026 | Powers Carrie J | 6 |
| Feb 12, 2026 | Hamann Jennifer L | 9,849 |
| Feb 12, 2026 | Gehringer Eric J | 9,347 |
| Feb 10, 2026 | Rocker Kenyatta G | 1,590 |
| Feb 10, 2026 | Jalali Rahul | 1,246 |
| Feb 10, 2026 | Powers Carrie J | 239 |
| Feb 10, 2026 | Vena Vincenzo J | 29 |
| Feb 10, 2026 | Conlin Christina B | 7 |
| Feb 5, 2026 | Rocker Kenyatta G | 16K |
| Feb 5, 2026 | Vena Vincenzo J | 84K |
| Feb 5, 2026 | Hamann Jennifer L | 18K |
| Feb 5, 2026 | Gehringer Eric J | 16K |
| Feb 5, 2026 | Jalali Rahul | 9,546 |
| Feb 5, 2026 | Conlin Christina B | 11K |
| Feb 5, 2026 | Powers Carrie J | 1,672 |
| Jan 10, 2026 | Rocker Kenyatta G | 3 |
| Jan 10, 2026 | Conlin Christina B | 0 |
| Jan 10, 2026 | Powers Carrie J | 7 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 155K |
| Vested / exercised | 37K |
| Other in | 5,725 |
| Withheld for tax | 39K |
| Discretionary sales | 34K |
| Gifts | 754 |
| Other out | 5,725 |
| Kept | 118K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Hamann Jennifer L | 83K | 115K | 138 |
| Whited Elizabeth F | 39K | 75K | 194.2 |
| Rocker Kenyatta G | 40K | 61K | 153 |
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Vena Vincenzo J CHIEF OPERATING OFFICER Last trade Nov 21, 2023 | COO | 224K | – | – | Nov 21, 2023 | |
| Hamann Jennifer L EVP & CHIEF FINANCIAL OFFICER Last trade Apr 24, 2026 | CFO | 120K | – | $549K | net selling over the year: 0 months buying, 1 month selling | Apr 24, 2026 |
| Whited Elizabeth F PRESIDENT Last trade Jan 24, 2025 | Officer | 94K | – | – | Jan 24, 2025 | |
| Rocker Kenyatta G EVP MARKETING & SALES Last trade Apr 24, 2026 | Officer | 62K | – | $7.4M | net selling over the year: 0 months buying, 1 month selling | Apr 24, 2026 |
| Gehringer Eric J EVP OPERATIONS Last trade Jun 3, 2026 | Officer | 56K | – | $1.3M | net selling over the year: 0 months buying, 2 months selling | Jun 3, 2026 |
| Jalali Rahul EVP & CHIEF INFORMATION OFFICE | Officer | 33K | – | – | – | |
| Richardson Craig V EVP CHIEF LEGAL OFFICER & CORP Last trade Jan 27, 2025 | Officer | 28K | – | – | Jan 27, 2025 | |
| DeLaney William J III Last trade Mar 31, 2020 | Director | 18K | – | – | Mar 31, 2020 | |
| Conlin Christina B EVP CHIEF LEGAL OFFICER & CORP | Officer | 16K | – | – | – | |
| Rynaski Todd M. VP & CONTROLLER Last trade Mar 8, 2021 | Officer | 13K | – | – | Mar 8, 2021 | |
| Powers Carrie J VP & CONTROLLER | Officer | 8,147 | – | – | – | |
| DILLON DAVID B | Director | 2,050 | – | – | – |
Open-market trade log
the 60 most recent of 205| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Jun 3, 2026 | Gehringer Eric J (Officer) 2,991 shares $263.96 +0.0% since trade filed Jun 4, 2026 | Discretionary sale | 2,991 | $263.96 | $790K | +0.0% | Jun 4, 2026 |
| Apr 24, 2026 | Rocker Kenyatta G (Officer) 12K shares $271.76 −2.9% since trade filed Apr 28, 2026 | Discretionary sale | 12K | $271.76 | $3.2M | −2.9% | Apr 28, 2026 |
| Apr 24, 2026 | Rocker Kenyatta G (Officer) 16K shares $271.76 −2.9% since trade filed Apr 28, 2026 | Discretionary sale | 16K | $271.76 | $4.2M | −2.9% | Apr 28, 2026 |
| Apr 24, 2026 | Hamann Jennifer L (CFO) 2,000 shares $274.70 −3.9% since trade filed Apr 28, 2026 | Discretionary sale | 2,000 | $274.70 | $549K | −3.9% | Apr 28, 2026 |
| Mar 20, 2026 | Gehringer Eric J (Officer) 1,999 shares $234.93 +12.4% since trade filed Apr 2, 2026 late | Discretionary sale | 1,999 | $234.93 | $470K | +12.4% | Apr 2, 2026 late |
| Jan 27, 2025 | Richardson Craig V (Officer) 2,766 shares $252.00 +4.8% since trade filed Jan 28, 2025 | Discretionary sale | 2,766 | $252.00 | $697K | +4.8% | Jan 28, 2025 |
| Jan 27, 2025 | Richardson Craig V (Officer) 3,729 shares $252.00 +4.8% since trade filed Jan 28, 2025 | Discretionary sale | 3,729 | $252.00 | $940K | +4.8% | Jan 28, 2025 |
| Jan 24, 2025 | Whited Elizabeth F (Officer) 7,500 shares $250.00 +5.6% since trade filed Jan 28, 2025 | Discretionary sale | 7,500 | $250.00 | $1.9M | +5.6% | Jan 28, 2025 |
| Jul 30, 2024 | Whited Elizabeth F (Officer) 673 shares $243.15 +8.6% since trade filed Aug 1, 2024 | Discretionary sale | 673 | $243.15 | $164K | +8.6% | Aug 1, 2024 |
| Jul 30, 2024 | Whited Elizabeth F (Officer) 2,879 shares $247.40 +6.7% since trade filed Aug 1, 2024 | Discretionary sale | 2,879 | $247.40 | $712K | +6.7% | Aug 1, 2024 |
| Feb 15, 2024 | Whited Elizabeth F (Officer) 3,750 shares $250.00 +5.6% since trade filed Feb 16, 2024 | Planned sale (10b5-1) | 3,750 | $250.00 | $938K | +5.6% | Feb 16, 2024 |
| Feb 14, 2024 | Whited Elizabeth F (Officer) 3,750 shares $246.36 +7.1% since trade filed Feb 16, 2024 | Planned sale (10b5-1) | 3,750 | $246.36 | $924K | +7.1% | Feb 16, 2024 |
| Dec 13, 2023 | Hamann Jennifer L (CFO) 1,000 shares $235.00 +12.3% since trade filed Dec 14, 2023 | Discretionary sale | 1,000 | $235.00 | $235K | +12.3% | Dec 14, 2023 |
| Nov 21, 2023 | Vena Vincenzo J (CEO) 4,500 shares $222.00 +18.9% since trade filed Dec 11, 2023 late | Open-market buy | 4,500 | $222.00 | $999K | +18.9% | Dec 11, 2023 late |
| Oct 30, 2023 | Gehringer Eric J (Officer) 1,274 shares $203.24 +29.9% since trade filed Oct 31, 2023 | Discretionary sale | 1,274 | $203.24 | $259K | +29.9% | Oct 31, 2023 |
| Aug 23, 2023 | Rocker Kenyatta G (Officer) 4,180 shares $222.44 +18.7% since trade filed Aug 24, 2023 | Discretionary sale | 4,180 | $222.44 | $930K | +18.7% | Aug 24, 2023 |
| Aug 23, 2023 | Rocker Kenyatta G (Officer) 4,520 shares $222.41 +18.7% since trade filed Aug 24, 2023 | Discretionary sale | 4,520 | $222.41 | $1.0M | +18.7% | Aug 24, 2023 |
| Aug 23, 2023 | Hamann Jennifer L (CFO) 1,000 shares $222.83 +18.5% since trade filed Aug 25, 2023 | Discretionary sale | 1,000 | $222.83 | $223K | +18.5% | Aug 25, 2023 |
| Feb 27, 2023 | Whited Elizabeth F (Officer) 2,500 shares $213.00 +23.9% since trade filed Mar 1, 2023 | Discretionary sale | 2,500 | $213.00 | $533K | +23.9% | Mar 1, 2023 |
| Oct 24, 2022 | Finley Teresa (Director) 1,380 shares $188.26 +40.2% since trade filed Oct 25, 2022 | Open-market buy | 1,380 | $188.26 | $260K | +40.2% | Oct 25, 2022 |
| Apr 21, 2022 | Rocker Kenyatta G (Officer) 1,318 shares $250.00 +5.6% since trade filed Apr 22, 2022 | Discretionary sale | 1,318 | $250.00 | $330K | +5.6% | Apr 22, 2022 |
| Apr 21, 2022 | Rocker Kenyatta G (Officer) 2,700 shares $250.00 +5.6% since trade filed Apr 22, 2022 | Discretionary sale | 2,700 | $250.00 | $675K | +5.6% | Apr 22, 2022 |
| Dec 6, 2021 | Whited Elizabeth F (Officer) 2,510 shares $245.00 +7.7% since trade filed Dec 7, 2021 | Discretionary sale | 2,510 | $245.00 | $615K | +7.7% | Dec 7, 2021 |
| Nov 26, 2021 | Whited Elizabeth F (Officer) 2,500 shares $240.14 +9.9% since trade filed Nov 30, 2021 | Discretionary sale | 2,500 | $240.14 | $600K | +9.9% | Nov 30, 2021 |
| Nov 26, 2021 | Whited Elizabeth F (Officer) 2,500 shares $240.22 +9.9% since trade filed Nov 30, 2021 | Discretionary sale | 2,500 | $240.22 | $601K | +9.9% | Nov 30, 2021 |
| Nov 26, 2021 | Whited Elizabeth F (Officer) 2,500 shares $240.26 +9.9% since trade filed Nov 30, 2021 | Discretionary sale | 2,500 | $240.26 | $601K | +9.9% | Nov 30, 2021 |
| Oct 26, 2021 | Hamann Jennifer L (CFO) 500 shares $243.00 +8.6% since trade filed Oct 26, 2021 | Discretionary sale | 500 | $243.00 | $122K | +8.6% | Oct 26, 2021 |
| Oct 25, 2021 | Hamann Jennifer L (CFO) 500 shares $238.00 +10.9% since trade filed Oct 26, 2021 | Discretionary sale | 500 | $238.00 | $119K | +10.9% | Oct 26, 2021 |
| Mar 8, 2021 | Rynaski Todd M. (Officer) 7,698 shares $212.00 filed Mar 10, 2021 | Discretionary sale | 7,698 | $212.00 | $1.6M | – | Mar 10, 2021 |
| Mar 8, 2021 | Whited Elizabeth F (Officer) 1,491 shares $215.00 filed Mar 10, 2021 | Discretionary sale | 1,491 | $215.00 | $321K | – | Mar 10, 2021 |
| Feb 22, 2021 | Whited Elizabeth F (Officer) 5,000 shares $207.86 filed Feb 24, 2021 | Discretionary sale | 5,000 | $207.86 | $1.0M | – | Feb 24, 2021 |
| Feb 22, 2021 | Whited Elizabeth F (Officer) 5,000 shares $210.00 filed Feb 24, 2021 | Discretionary sale | 5,000 | $210.00 | $1.1M | – | Feb 24, 2021 |
| Sep 11, 2020 | Whited Elizabeth F (Officer) 5,376 shares $195.51 filed Sep 14, 2020 | Discretionary sale | 5,376 | $195.51 | $1.1M | – | Sep 14, 2020 |
| Sep 11, 2020 | Hamann Jennifer L (CFO) 1,000 shares $195.00 filed Sep 14, 2020 | Discretionary sale | 1,000 | $195.00 | $195K | – | Sep 14, 2020 |
| Sep 10, 2020 | Hamann Jennifer L (CFO) 1,000 shares $193.79 filed Sep 14, 2020 | Discretionary sale | 1,000 | $193.79 | $194K | – | Sep 14, 2020 |
| Aug 21, 2020 | Rynaski Todd M. (Officer) 1,500 shares $190.46 filed Aug 24, 2020 | Discretionary sale | 1,500 | $190.46 | $286K | – | Aug 24, 2020 |
| Jul 17, 2020 | Whited Elizabeth F (Officer) 4,426 shares $180.00 filed Jul 20, 2020 | Discretionary sale | 4,426 | $180.00 | $797K | – | Jul 20, 2020 |
| Jul 16, 2020 | Whited Elizabeth F (Officer) 4,400 shares $176.00 filed Jul 20, 2020 | Discretionary sale | 4,400 | $176.00 | $774K | – | Jul 20, 2020 |
| Jul 6, 2020 | Whited Elizabeth F (Officer) 5,000 shares $171.08 filed Jul 7, 2020 | Discretionary sale | 5,000 | $171.08 | $855K | – | Jul 7, 2020 |
| Mar 31, 2020 | DeLaney William J III (Director) 15K shares $138.20 filed Apr 2, 2020 | Open-market buy | 15K | $138.20 | $2.1M | – | Apr 2, 2020 |
| Feb 28, 2020 | Vena Vincenzo J (COO) 3,206 shares $155.92 filed Mar 2, 2020 | Open-market buy | 3,206 | $155.92 | $500K | – | Mar 2, 2020 |
| Jan 16, 2020 | Hamann Jennifer L (CFO) 1,000 shares $183.00 filed Jan 21, 2020 | Discretionary sale | 1,000 | $183.00 | $183K | – | Jan 21, 2020 |
| Dec 9, 2019 | Whited Elizabeth F (Officer) 5,342 shares $171.62 filed Dec 10, 2019 | Discretionary sale | 5,342 | $171.62 | $917K | – | Dec 10, 2019 |
| Jul 31, 2019 | KNIGHT ROBERT M JR (CFO) 8,620 shares $180.04 filed Aug 1, 2019 | Discretionary sale | 8,620 | $180.04 | $1.6M | – | Aug 1, 2019 |
| May 20, 2019 | DeLaney William J III (Director) 5,000 shares $174.06 filed May 22, 2019 | Open-market buy | 5,000 | $174.06 | $870K | – | May 22, 2019 |
| May 3, 2019 | KNIGHT ROBERT M JR (CFO) 1,380 shares $180.01 filed May 6, 2019 | Discretionary sale | 1,380 | $180.01 | $248K | – | May 6, 2019 |
| Apr 18, 2019 | Ferguson Rhonda S (Officer) 11K shares $175.00 filed Apr 22, 2019 | Discretionary sale | 11K | $175.00 | $2.0M | – | Apr 22, 2019 |
| Apr 4, 2019 | KNIGHT ROBERT M JR (CFO) 10K shares $170.01 filed Apr 5, 2019 | Discretionary sale | 10K | $170.01 | $1.7M | – | Apr 5, 2019 |
| Apr 1, 2019 | Rynaski Todd M. (Officer) 8,802 shares $170.00 filed Apr 2, 2019 | Discretionary sale | 8,802 | $170.00 | $1.5M | – | Apr 2, 2019 |
| Sep 24, 2018 | KNIGHT ROBERT M JR (CFO) 20K shares $163.81 filed Sep 25, 2018 | Discretionary sale | 20K | $163.81 | $3.3M | – | Sep 25, 2018 |
| Aug 28, 2018 | Tennison Lynden L (Officer) 8,450 shares $151.72 filed Aug 29, 2018 | Discretionary sale | 8,450 | $151.72 | $1.3M | – | Aug 29, 2018 |
| May 18, 2018 | Patel Bhavesh V. (Director) 20 shares $143.80 filed Jan 6, 2020 late | Open-market buy | 20 | $143.80 | $3K | – | Jan 6, 2020 late |
| Apr 3, 2018 | Whited Elizabeth F (Officer) 1,000 shares $133.08 filed Apr 5, 2018 | Discretionary sale | 1,000 | $133.08 | $133K | – | Apr 5, 2018 |
| Apr 3, 2018 | Whited Elizabeth F (Officer) 1,000 shares $133.80 filed Apr 5, 2018 | Discretionary sale | 1,000 | $133.80 | $134K | – | Apr 5, 2018 |
| Apr 3, 2018 | Whited Elizabeth F (Officer) 2,908 shares $133.98 filed Apr 5, 2018 | Discretionary sale | 2,908 | $133.98 | $390K | – | Apr 5, 2018 |
| Apr 3, 2018 | Whited Elizabeth F (Officer) 4,782 shares $133.80 filed Apr 5, 2018 | Discretionary sale | 4,782 | $133.80 | $640K | – | Apr 5, 2018 |
| Apr 3, 2018 | Whited Elizabeth F (Officer) 5,886 shares $133.80 filed Apr 5, 2018 | Discretionary sale | 5,886 | $133.80 | $788K | – | Apr 5, 2018 |
| Mar 21, 2018 | KNIGHT ROBERT M JR (CFO) 13K shares $140.00 filed Mar 22, 2018 | Discretionary sale | 13K | $140.00 | $1.9M | – | Mar 22, 2018 |
| Mar 20, 2018 | KNIGHT ROBERT M JR (CFO) 25K shares $137.39 filed Mar 21, 2018 | Discretionary sale | 25K | $137.39 | $3.4M | – | Mar 21, 2018 |
| Jul 7, 2017 | Scott Cameron A (COO) 18K shares $107.60 filed Jul 10, 2017 | Discretionary sale | 18K | $107.60 | $1.9M | – | Jul 10, 2017 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.